Kiumarz Geula
Principal
Pillar Property Management
Owner
Pillar Property Management NYC portfolio
$170.4 million -specialty 35%, development 29%, walkup 14%; Bronx 65%, Queens 28%, Manhattan 5%*
1062th largest portfolio by dollar value
356,823 sqft – specialty 54%, office 21%, walkup 7%; Queens 50%, Bronx 42%, Manhattan 7%
1067th largest by SF
17 properties – Bronx 64%, Queens 29%, Manhattan 5%
588th largest
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Seller signatory: 1 for $7 million
Borrower signatory: 2 for $39.5 million
Developer (new building or major alteration): 20 for 0 square feet
Top Ten Associated Companies:
Bank of Hope (3), Dime Community Bank (3), Bethpage Federal Credit Union (3), Rockwood Park Jewish Center (1), Self-Help Credit Union (1), Renaissance Youth Center (1), Bank of America (1), Bethpage Commercial (1), RCH Capital (1)
Top Ten Associated People:
Harold Rosenbaum (1), Mario Colon (1), Allison Moy (1), Bervin Harris (1), Andrew Lenzioszek Jr. (1), Robert Fish (1), Chun Gun Park (1)
Recent activity as signatory:
• Pillar Property Management sold 3491 3 Avenue for $7 million to Renaissance Youth Center on September 25, 2025.
• Pillar Property Management and Bronx Academy of Promise Charter School borrowed $19 million from Self-Help Credit Union for 1370 Cromwell Avenue on March 27, 2025.
• Pillar Property Management borrowed $20.5 million from Bank of Hope for 432B East 153 Street on October 09, 2024.
• RCH Capital on March 15, 2024 bought a loan with an original principal of $3.6 million from Webster Bank, signed by John Burke, secured by 312 West 36 Street, when owned by Pillar Property Management.
• Pillar Property Management borrowed $16 million from Bank of Hope for 1370 Cromwell Avenue on December 23, 2022.
• Kiumarz Geula filed plans for new building for 68,317 sqft in Melrose, Bronx, on December 14, 2022.
• Pillar Property Management borrowed $18.1 million from Dime Community Bank for None on November 15, 2022.
• Rockwood Park Jewish Center sold 156-45 84 Street for $3.5 million to Pillar Property Management on September 01, 2022.
• Kiumarz Geula borrowed $7.2 million from Bethpage Federal Credit Union for 156-45 84 Street on September 01, 2022.
• Pillar Property Management borrowed $17 million from Dime Community Bank for None on December 23, 2021.
Latest Stories:
• Renaissance Youth Center pays $7M for building in Morrisania (October 09, 2025)
• Pillar Property, charter school sign $19M refi for new school in Mt Eden (April 03, 2025)
• RCH Capital buys $3.6M note secured by Garment District building (April 02, 2024)
• Pillar Property obtained financing of $14M from Bank of Hope (September 05, 2019)
Court Records: